Appraisal readiness steps highlight staff training and quality control  by Anna DeSimone for HousingWire

HousingWireHousingWire Expanded rules for appraisal waivers take effect on purchase transactions starting the first quarter of 2025. Announcements were made on October 28, 2024 by Fannie Mae and Freddie Mac, as well as the Federal Housing Finance Agency (FHFA) who stated the policy action “builds upon the long-running success of…

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NAR steps up the battle against Phoenix Realtors by Brooklee Han for HousingWire

HousingWireHousingWire The National Association of Realtors’ (NAR) has taken things a step further in its battle with Phoenix Realtors (PAR) over the local trade group’s MLS Choice program. On Monday, NAR notified its leadership and members that it had made the decision to initiate the charter revocation process against PAR. This came after…

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NRMLA’s Steve Irwin on political change and the 2025 HECM limit by Chris Clow for HousingWire

HousingWireHousingWire The reverse mortgage industry has had an eventful year, and the National Reverse Mortgage Lenders Association (NRMLA) stands ready for yet another year of change according to Steve Irwin, its president. With political changes on the horizon, debate about some core Home Equity Conversion Mortgage (HECM) program attributes and…

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